Kaplan to create adviser tools using AI

Kaplan Professional has announced it acquired an artificial intelligence company in an effort to create new tools for financial advisers amid a changing environment. In a new announcement yesterday, Kaplan said it has now acquired Red Marker. Kaplan Australia and New Zealand managing director Rob Regan said the acquisition would enable Kaplan to broaden its compliance solutions to the financial services sector through artificial intelligence. "We are investing in real-time learning with the aim of further equipping advisers with the tools they need to maximise their success in a rapidly changing landscape," he said. "By enabling advisers to confidently embrace compliance, it will allow them to continually increase their knowledge in a reportable manner. "Adding Red Marker to the Kaplan portfolio will accelerate the development of personalised and adaptive learning engines in the financial services sector." Red Marker principals and staff will continue with the business, the statement said. Red Marker managing director Matt Symons said, "Our clients are really enthusiastic about Artemis.